Bressman Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. The company has reported the following actual results for the product for May:
The variable overhead rate variance for the month is closest to:
A) $364 Unfavorable
B) $372 Favorable
C) $364 Favorable
D) $372 Unfavorable

Question

Bressman Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.  The company has reported the following actual results for the product for May:
 The variable overhead rate variance for the month is closest to:
A) $364 Unfavorable 
B) $372 Favorable 
C) $364 Favorable 
D) $372 Unfavorable

Quizplus · Accepted Answer

The Answer of Bressman Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.  The company has reported the following actual results for the product for May:
 The variable overhead rate variance for the month is closest to:
A) $364 Unfavorable 
B) $372 Favorable 
C) $364 Favorable 
D) $372 Unfavorable

Bressman Incorporated Has Provided the Following Data Concerning One of the Products